70°

Virtuix Talks $3 Million Investment, Size and Price Concerns

VRFocus - Virtuix, the company behind the upcoming Omni multi-directional motion control device for virtual reality (VR) experiences, has just secured a rather sizeable amount of funding. The company has received an investment for some $3 million USD from a range of over 5 investors to help expand personnel and assist mass production. Needless to say, this is a fairly significant step for the company, which had already raised $1.1 million via Kickstarter.

slivery3682d ago

They have had these things in arcades since I was a child, I don't get why they think it would sell any better now because it never did then. They were the exact same designs and worked in the same exact manner.

These things are too big and far too expensive for any average consumer to care about it. Most gamers also don't play video games to "work out", they play video games to kick back and relax.

They were even on Shark Tank and boy did they rip these guys a new one, but they were right.. No one is really going to buy that, so none of them invested in it. They also made an even better point with the fact that not only would need this expensive thing but you also have to buy the Oculus to work with it. It isn't just a one bundle deal which is kind of stupid also.

It is a cool idea but it is not advanced or practical enough for the market right now. It also takes a lot to get used to this, some of the Shark Tank guys tried it and they couldn't even stay standing straight. It was a joke more than anything.

I could actually see people getting hurt with this thing or possibly just tipping it over and falling.

I feel bad for all those investors, mass production of this? What a horrible idea.

80°

Virtuix Omni One Pre-orders Open for $2,600

Take your VR gaming to the next level now that the Virtuix Omni One pre-orders have opened for an eye-watering $2,600.

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anast212d ago

Once they get the graphics up and this tech. gets into the $800-$1k range, it's over. I am happy that Sony is getting the jump on VR gaming. it's going to be insane.

50°

Morels: Homestead Established for PC VR

Morels: Homestead, a relaxing game in which you can create your own unique homestead, is available now for PC VR.

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110°

F1 23 Will Support PC VR But Not PSVR 2

Electronic Arts has confirmed that while F1 23 will support PC VR it will not support PSVR 2 on PlayStation 5.

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ApocalypseShadow377d ago

That's fine. GT7 would overshadow it anyway at it has open wheel and regular cars.

Should have been spending their time updating Squadrons with better resolution, frame rate, haptics, etc as there isn't a game like that on PS VR 2 yet.

But it's EA. They don't think.

Babadook7377d ago

I agree. It would sell better on PSVR2 right now.

Knushwood Butt377d ago (Edited 377d ago )

A wasted opportunity, but I don't buy EA / Codemasters stuff anyway. Grid Legends just came out on Plus and I haven't touched it. Why would I when I have GT7 and PSVR2?

Abnor_Mal377d ago

Not into F1 racing, but still a missed opportunity.

ApocalypseShadow377d ago

That's where opportunity presents itself that they could offer something else that other developers haven't offered yet. Yeah. There's No Man's Sky. But a space game with a story would be great. Like the old days with Colony Wars.

Abnor_Mal377d ago

Exactly, they could have possibly lured more players just from the inclusion of a vr mode.

I miss Colony wars and G-Police, Low-Fi I hope will scratch that itch when it releases. We also need a vr War/Starhawk game.

Knushwood Butt377d ago

Just watched the trailer of Low-Fi. Most definitely on my radar.

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